Heavy Melting Scrap Price Trend Global Market Facing Steady Downward Pressure
The Heavy Melting Scrap Price Trend during the recent quarter reflected a clear downward movement across major global markets. Heavy Melting Scrap (HMS), especially Grade 1&2 (80:20), is widely used by steelmakers in electric arc furnaces for producing long steel products. Because it is directly connected to steel production and construction activity, its pricing often changes according to...
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